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David Jones enters administration as stores continue trading

Business · First reported 4 Nov, 22:39 · Updated 00:55

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

The 188-year-old retailer appointed voluntary administrators on 5 November 2026 after negotiations with landlord Westfield broke down. Receivers are overseeing the business while its stores and online operation remain open; administrators will seek offers for a recapitalisation or sale. The retailer’s future, store network and impact on workers and suppliers remain uncertain.

  • David Jones entered voluntary administration on 5 November 2026. McGrathNicol was appointed administrator, while secured lender Hilco appointed FTI Consulting receivers and managers.
  • The company’s physical and online stores continue trading under the receivers’ control. McGrathNicol will begin seeking offers for a recapitalisation or sale as a going concern.
  • The retailer has 38 Australian stores, and the receivers said a review could involve difficult decisions and steps to reduce its retail footprint. The future of individual locations has not been settled.
  • The administration followed failed negotiations with Westfield. Landlords reported unpaid rent, and staff and suppliers face uncertainty as the business is reviewed.
  • The union representing retail workers said it would focus on preserving jobs and protecting workers’ entitlements. David Jones said staff would continue to be paid normally while unpaid entitlements are reviewed.
Summary written by Lux AI from 3 articles

Key facts

Administration appointed
McGrathNicol was appointed voluntary administrator on 5 November 2026.
Receivers
Christopher Hill, David McGrath and Joanne Dunn of FTI Consulting were appointed receivers and managers.
Current trading
Physical and online stores continue trading under receivers’ control.
Store network
David Jones has 38 Australian stores.
Next step
Administrators will seek offers for recapitalisation or a sale as a going concern.

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